Finnish airline Finnair is to add services to the Greek island of Corfu, the Spanish islands of Ibiza and Menorca, as well as Reykjavik in Iceland, for summer 2017.
Turkish Airlines recorded a net loss of 1.894 million lira ($644 million) for the first half-year ended June 30, compared to a profit of 1.035 million lira for the same period a year ago.
China’s Beijing Capital Airlines will begin 3 X-weekly Hangzhou-Vancouver services on Dec. 30, marking the western Canada city as the first the North American destination for the HNA Group subsidiary airline.
Sri Lanka has extended the deadline for expressions of interest in oneworld member SriLankan Airlines and its low-cost subsidiary, Mihin Lanka, until Aug. 31.
Poland’s largest charter company, Enter Air, had one of its aircraft seized at Paris Charles de Gaulle Airport for several hours for non-payment of fines for noise violations at the airport.
Turkish low-cost carrier (LCC) Pegasus Airlines recorded a sharp deterioration in its half-yearly financial figures, with the airline making a net loss of TL202.9 million ($70 million) widened from a deficit of TL42.2 million for the same period last year.
Former Allegiant Air president Andrew Levy has been named United Airlines CFO, filling a position that had been handled on an acting basis for more than a year.
Finland flag carrier Finnair has launched a new €20 million ($22.5 million) cost-savings program after reporting a €1.1 million second-quarter net loss, an 82% improvement on the €6 million loss it posted in the year-ago period.
US airlines collectively reported approximately $12 billion in pre-tax profit for the first half of 2016, up about 6.2% from $11.3 billion in the 2015 first half, according to Washington, DC-based lobbying group Airlines for America (A4A).
Hong Kong flag carrier Cathay Pacific saw its net profit drop to HK$353 million ($45 million) for the six months through June 30, compared to a profit of just under HK$2 billion in the same period last year.
Irish low-cost carrier (LCC) Ryanair is to add 10 aircraft to its Italian operations and open 44 new routes in 2017 after Italian Prime Minister Matteo Renzi agreed to reverse a €2.50 ($2.80) municipal tax increase from Sept 1, 2016.
As of August 16, 2016, average List Prices for Airbus and Boeing commercial aircraft; with passenger seating capacity, cargo tonnage capacity and aircraft flight range.
São Paulo-based low-cost carrier GOL posted BRL309.5 million ($94.2 million) net profit for the 2016 second quarter, reversing its 2Q 2015 BRL354.9 million net loss.
Philippines-based Cebu Pacific Air Group posted a net income of PHP7.7 billion ($164 million) for the half-year ended June 30, a substantial improvement on PHP5.2 billion for the same period last year.
Korean Air reported a second-quarter net loss of KRW251 billion ($216 million), deepened from a net loss of KRW169 billion in the year-ago quarter, despite an improvement in operating profit.
Japan has approved Spain’s flag carrier Iberia to be included in a Europe-Japan revenue-sharing partnership, which includes oneworld carriers British Airways (BA), Finnair and Japan Airlines (JAL).
Singapore-based lessor BOC Aviation has placed one new Airbus A321-200 and one new A320-200 with Hungary-based low-cost carrier (LCC) Wizz Air from its own order book.
Santiago, Chile-based LATAM Airlines Group reported a $92.1 million net loss for the 2016 second quarter, deepened from the group’s $49.7 million net loss in 2Q 2015.
Florida-based ultra low-cost carrier (LCC) Spirit Airlines is making a number of executive changes at the carrier, as new CEO Robert Fornaro settles into his job.
Sharjah, UAE-based low-cost carrier (LCC) Air Arabia recorded a first-half net profit of AED245 million ($66.7 million), up 3.5% compared to the same period last year.
Halifax-based Chorus Aviation, the parent company of Canadian regional airline Jazz Aviation, reported a second-quarter net profit of C$23.7 million ($18.2 million), down 24.5% from net income of C$31.4 million in the 2015 June quarter.
